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Freeport-Mcmoran vs Rio Tinto: revenue, profit, margins and growth compared

Freeport-Mcmoran brought in $25.9B of revenue in fiscal 2025, Rio Tinto $57.6B in fiscal 2025. Revenue changed by +1.8% at Freeport-Mcmoran and +6.3% at Rio Tinto on the year before, so Rio Tinto grew faster. Freeport-Mcmoran kept 8.5% of its revenue as net profit, Rio Tinto 17.3%.

Side by side, latest fiscal year

FCXRIO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$25.9B$57.6B
Revenue growth+1.8%+6.3%
Net income$2.2B$10B
Net margin8.5%17.3%
Free cash flow$1.1Bn/a
Free cash flow margin4.3%n/a
Earnings per share (diluted)n/a$6.08
Cash$3.8B$8.9B
Debt$9.4B$21.9B
Price to earningsn/an/a
Market value$103.8B$118.8B
Dividend yield0.83%n/a
Rank by revenue in sector#4 of 77 · Basic materials#1 of 77 · Basic materials

Over the years

Revenue
FCX FY2018: $18.9BFCX FY2019: $14.4BFCX FY2020: $14.2BFCX FY2021: $22.8BFCX FY2022: $23.3BFCX FY2023: $22.9BFCX FY2023: $25.5BFCX FY2025: $25.9BRIO FY2018: $40.6BRIO FY2019: $43.2BRIO FY2020: $44.6BRIO FY2021: $64.1BRIO FY2022: $56.1BRIO FY2023: $54BRIO FY2024: $54.2BRIO FY2025: $57.6BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $25.9BRIO $57.6B
Net income
FCX FY2018: $2.6BFCX FY2019: -$239MFCX FY2020: $599MFCX FY2021: $4.3BFCX FY2022: $3.5BFCX FY2023: $1.8BFCX FY2023: $1.9BFCX FY2025: $2.2BRIO FY2018: $13.6BRIO FY2019: $8BRIO FY2020: $9.8BRIO FY2021: $21.1BRIO FY2022: $12.4BRIO FY2023: $10.1BRIO FY2024: $11.6BRIO FY2025: $10BFY18FY19FY20FY21FY22FY23FY24FY25
FCX $2.2BRIO $10B
Net margin
FCX FY2018: 13.7%FCX FY2019: -1.7%FCX FY2020: 4.2%FCX FY2021: 18.8%FCX FY2022: 14.9%FCX FY2023: 8.1%FCX FY2023: 7.4%FCX FY2025: 8.5%RIO FY2018: 33.6%RIO FY2019: 18.6%RIO FY2020: 21.9%RIO FY2021: 32.9%RIO FY2022: 22.1%RIO FY2023: 18.6%RIO FY2024: 21.3%RIO FY2025: 17.3%FY18FY19FY20FY21FY22FY23FY24FY25
FCX 8.5%RIO 17.3%
Revenue growth
FCX FY2019: -24.0%FCX FY2020: -1.4%FCX FY2021: +60.9%FCX FY2022: +1.9%FCX FY2023: -1.8%FCX FY2023: +11.4%FCX FY2025: +1.8%RIO FY2019: +6.3%RIO FY2020: +3.3%RIO FY2021: +43.7%RIO FY2022: -12.5%RIO FY2023: -3.6%RIO FY2024: +0.3%RIO FY2025: +6.3%FY19FY20FY21FY22FY23FY24FY25
FCX +1.8%RIO +6.3%
Free cash flow
FCX FY2018: $1.9BFCX FY2019: -$1.2BFCX FY2020: $1.1BFCX FY2021: $5.6BFCX FY2022: $1.7BFCX FY2023: $455MFCX FY2023: $2.4BFCX FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY25
FCX $1.1BRIO

Fiscal years as each company reports them; the two may end in different months.

Questions about Freeport-Mcmoran and Rio Tinto

Which is bigger by revenue, Freeport-Mcmoran or Rio Tinto?

Rio Tinto is bigger by revenue: $57.6B in fiscal 2025, against $25.9B for Freeport-Mcmoran in fiscal 2025.

Which keeps more of its revenue as profit, Freeport-Mcmoran or Rio Tinto?

Freeport-Mcmoran had a net margin of 8.5% in fiscal 2025; Rio Tinto had 17.3% in fiscal 2025.

Which grew revenue faster, Freeport-Mcmoran or Rio Tinto?

In their latest fiscal years revenue changed by +1.8% at Freeport-Mcmoran and +6.3% at Rio Tinto.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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